U.S. Global Investors (NASDAQ:GROW) Major Shareholder Gator Capital Management, Llc Acquires 20,496 Shares

U.S. Global Investors, Inc. (NASDAQ:GROW) major shareholder Gator Capital Management, Llc acquired 20,496 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was purchased at an average price of $2.59 per share, with a total value of $53,084.64. Following the acquisition, the insider owned 1,121,263 shares of the company’s stock, valued at $2,904,071.17. This represents a 1.86% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Gator Capital Management, Llc also recently made the following trade(s):

• On Wednesday, June 3rd, Gator Capital Management, Llc acquired 330 shares of U.S. Global Investors stock. The stock was purchased at an average price of $2.60 per share, with a total value of $858.00.
• On Thursday, May 28th, Gator Capital Management, Llc bought 1,376 shares of U.S. Global Investors stock. The stock was purchased at an average cost of $2.60 per share, for a total transaction of $3,577.60.
• On Thursday, May 21st, Gator Capital Management, Llc bought 23,910 shares of U.S. Global Investors stock. The stock was purchased at an average cost of $2.55 per share, for a total transaction of $60,970.50.
• On Wednesday, May 13th, Gator Capital Management, Llc bought 3,601 shares of U.S. Global Investors stock. The stock was purchased at an average cost of $2.55 per share, for a total transaction of $9,182.55.
• On Tuesday, May 12th, Gator Capital Management, Llc acquired 404 shares of U.S. Global Investors stock. The shares were acquired at an average cost of $2.55 per share, with a total value of $1,030.20.
• On Monday, May 11th, Gator Capital Management, Llc acquired 5,354 shares of U.S. Global Investors stock. The shares were acquired at an average cost of $2.62 per share, with a total value of $14,027.48.
• On Friday, May 8th, Gator Capital Management, Llc acquired 208 shares of U.S. Global Investors stock. The shares were acquired at an average cost of $2.62 per share, with a total value of $544.96.
• On Thursday, May 7th, Gator Capital Management, Llc acquired 2,976 shares of U.S. Global Investors stock. The shares were acquired at an average cost of $2.62 per share, with a total value of $7,797.12.
• On Wednesday, May 6th, Gator Capital Management, Llc acquired 259 shares of U.S. Global Investors stock. The shares were acquired at an average cost of $2.61 per share, with a total value of $675.99.
• On Friday, May 1st, Gator Capital Management, Llc acquired 205 shares of U.S. Global Investors stock. The shares were bought at an average cost of $2.63 per share, for a total transaction of $539.15.

U.S. Global Investors Price Performance

Shares of GROW stock traded up $0.07 during trading hours on Thursday, reaching $2.68. 7,111 shares of the company traded hands, compared to its average volume of 46,590. U.S. Global Investors, Inc. has a 12-month low of $2.23 and a 12-month high of $3.65. The company has a market cap of $33.23 million, a P/E ratio of 10.31 and a beta of 0.70. The firm has a 50-day moving average price of $2.62 and a 200 day moving average price of $2.73.

U.S. Global Investors (NASDAQ:GROW) last issued its earnings results on Wednesday, May 13th. The asset manager reported $0.23 earnings per share (EPS) for the quarter. The company had revenue of $2.76 million for the quarter. U.S. Global Investors had a return on equity of 6.92% and a net margin of 33.29%.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of U.S. Global Investors in a report on Tuesday. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, U.S. Global Investors presently has an average rating of “Hold”.

Hedge Funds Weigh In On U.S. Global Investors

Several large investors have recently modified their holdings of GROW. MAI Capital Management purchased a new stake in U.S. Global Investors in the 3rd quarter worth about $102,000. Gator Capital Management LLC grew its position in U.S. Global Investors by 2.4% in the 3rd quarter. Gator Capital Management LLC now owns 700,884 shares of the asset manager’s stock valued at $1,927,000 after acquiring an additional 16,661 shares during the last quarter. Citadel Advisors LLC grew its position in U.S. Global Investors by 52.1% in the 3rd quarter. Citadel Advisors LLC now owns 43,625 shares of the asset manager’s stock valued at $120,000 after acquiring an additional 14,938 shares during the last quarter. Susquehanna International Group LLP grew its position in U.S. Global Investors by 108.2% in the 3rd quarter. Susquehanna International Group LLP now owns 94,036 shares of the asset manager’s stock valued at $259,000 after acquiring an additional 48,871 shares during the last quarter. Finally, CWA Asset Management Group LLC grew its position in U.S. Global Investors by 66.4% in the 4th quarter. CWA Asset Management Group LLC now owns 421,390 shares of the asset manager’s stock valued at $1,016,000 after acquiring an additional 168,176 shares during the last quarter. Institutional investors own 23.62% of the company’s stock.

U.S. Global Investors Company Profile

U.S. Global Investors, Inc is an independent asset management firm that specializes in natural resource and global equity investing. The company focuses on sectors such as precious metals, energy, agriculture and emerging markets, seeking long-term capital appreciation for individual and institutional investors. Its investment strategies are built around thematic, research-driven approaches that aim to capture opportunities across commodity cycles and global economic trends.

The firm offers a range of investment products, including open-end mutual funds, closed-end funds, exchange-traded funds and separately managed accounts.